97, MONKHAMS LANE, WOODFORD GREEN, IG8 0NN - £1,300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

97 MONKHAMS LANE is a very large detached house of 234m², built sometime between 1900 and 1929, which could now be worth an estimated £1,369,591. It was last sold for £1,300,000 in May 2024, which was around 25% above the average May 2024 detached price in the Redbridge local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was C.

97 MONKHAMS LANE Sold Prices

Land registry data shows two sales for 97 MONKHAMS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. Both of the two 97 MONKHAMS LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 10 MAY	£1,300,000	£1,036,400	25% above HPI
2006 4 DEC	£810,000	£513,024	58% above HPI

97 MONKHAMS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The two 97 MONKHAMS LANE sales from December 2006 and May 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2006 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the May 2024 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 97 MONKHAMS LANE be worth now?

97 MONKHAMS LANE might now be worth an estimated £1,369,591.

This is based on house price inflation of 5.4%, between May 2024 and December 2024, for detached houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.4% inflationary increase is applied to the most recent sale price for 97 MONKHAMS LANE of £1,300,000 on 10th May 2024. For the value to have increased from £1,300,000 to £1,369,591 over the five months to December 2024, the following assumptions must hold true:

• The value of 97 MONKHAMS LANE has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The May 2024 sale price of £1,300,000 represented a fair market value for the property.
• The size, condition, and specification of 97 MONKHAMS LANE has not materially changed since May 2024.

How Large is 97 MONKHAMS LANE?

97 MONKHAMS LANE is 234m² according to the EPC inspection conducted in February 2024. This puts it in the largest 20% of detached houses houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woodford, and where 97 MONKHAMS LANE lies on this distribution: 84% of detached houses houses are smaller than 97 MONKHAMS LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Woodford.

97 MONKHAMS LANE: Plot and Title Map

97 MONKHAMS LANE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 97 MONKHAMS LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 97 MONKHAMS LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 97 MONKHAMS LANE?

97 MONKHAMS LANE is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 97 on MONKHAMS LANE.